311 Neely Rd, Hewitt, TX, 76643 | 8.23% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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311 Neely Rd, Hewitt, TX, 76643 | 8.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Hewitt at 311 Neely Rd, Hewitt, TX, 76643 listed at $350,000 pairs $2,401/mo rent with a $1,713/mo payment. Total monthly income runs $2,401/mo. Return on cash invested measures 19% in year one, and rental yield registers 8.23% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 99.21% and total cumulative return in cash totals $115,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,401/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

9,191 sqft lot

$N/A/sqft

No HOA

More details about the property

This is your next home! Take advantage of a rare opportunity to own a beautifully maintained and fully renovated property in a charming neighborhood within the highly sought-after Midway ISD at an affordable price! Purchased in August 2025, the owner planned on making this her forever home but had to relocate due to unexpected personal circumstances. Her short time here was spent caring meticulously for and improving the home. Recent upgrades include a brand-new roof with a 30-year warranty, a new water heater, additional plantation shutters, a new disposal, freshly cleaned chimney, and routine extermination completed in September 2025 just to name a few. As an added bonus, the home is not stagedall furniture and accessories present during showings are available at no extra cost to the buyer. Truly turnkey, freshly updated, professionally cleaned and ready for move-in! Dont miss this extraordinary opportunity. Schedule your showing today and make this exceptional home yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,247 (100%)
Owner Occupied HU	4,500 (72.0%)
Renter Occupied HU	1,579 (25.3%)
Vacant Housing Units	168 ( 2.7%)
Median Home Value	$289,685
Average Home Value	$306,717